Locke’s first stop on his visit was Hindustan Aeronautics
Ltd.’s (HAL) facilities. HAL is one of Asia’s largest aerospace companies,
employing approximately 34,000 people with roughly $2 billion in annual
revenue. The company has partnered with leading U.S. aerospace manufacturers –
Boeing, Honeywell, and Lockheed Martin – on several projects. The U.S export
content value for HAL is $40 to $50 million dollars annually with hundreds of
millions in future export opportunities.

“HAL’s supplier and partnership arrangements with U.S.
companies are producing tangible benefits for both our economies by generating
greater industrial cooperation and commercial commitments, technology sharing,
and high-value jobs in both countries,” Locke said.

Later in the day, Locke participated in an Aero India 2011
press conference with U.S. Ambassador Timothy Roemer, and met with American
Chamber of Commerce and U.S. India Business Council delegates. U.S.
participation in Aero India is the largest to date with over 40 U.S. companies.
At Aero India, Secretary Locke inaugurated the U.S. pavilion and met with
India’s Defense Minister A.K. Antony. India’s growing aviation sector offers
U.S. aerospace companies an estimated $55 billion in export opportunities in large
civilian aircraft and civil aviation infrastructure during the next five years.

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